“Best crypto to buy now” is one of the most searched cryptocurrency-related terms on Google, and every day InsideBitcoins lists a number of options.
Investors always want to make huge profits, and finding good opportunities in the market is a constant goal. To help investors, Insidebitcoins regularly compiles a list of the best coins to invest in. This makes it easier for investors to make informed decisions and choose wisely in the cryptocurrency market.
Best Cryptocurrencies to Buy Now
Investors are watching these cryptocurrencies for their potential growth and value. Lido DAO, known for its decentralized staking service, is gaining attention for its role on Ethereum 2.0 staking. Axelar is garnering interest for its innovative approach to interoperability. Additionally, XRP remains in the spotlight for investors, with its latest developments and partnerships adding to its appeal. As the cryptocurrency market develops, these tokens are being closely watched to see their potential performance and impact in the coming days.
1. XRP
Recently, the number of small XRP wallets in the XRP Ledger has increased. This shows the increased interest in Ripple, the sixth largest cryptocurrency by market capitalization. Now, the XRP Ledger has surpassed 5.02 million wallets holding non-zero Ripple coins.
Furthermore, this marks the highest number of small wallets in its more than 10 years of public trading. The wallet network has expanded by 104% over the past three years, a significant increase. Furthermore, the surge in XRP wallets indicates increased investor interest and wider adoption of the XRP Ledger.
This growth can be attributed to the improvements in Ledger’s scalability and efficiency in processing transactions. In addition, there has been a noticeable increase in whale activity within the Ripple ecosystem, involving the transfer of Ripple to centralized cryptocurrency exchanges. This indicates an increase in trading and investment activity among larger holders. Furthermore, as these transactions involve large amounts of money, Ripple’s market dynamics are affected.
Ripple works with financial institutions, regulators, and central banks around the world to develop regulatory frameworks for cryptocurrencies and blockchain.
Read our approach to key blockchain public policy issues affecting cryptocurrencies and the global economy.
https://t.co/gIBRO9mFfY
pic.twitter.com/HfqXDqflLP
— Ripple (@Ripple)
January 25, 2024
Furthermore, XRP has gained 0.20% in a day. The token is priced at $0.53 with a 24-hour trading volume of $765.64 million. Currently, the token has an annual supply inflation rate of 8.19% and 4.11 billion XRP were created last year. Ripple is currently ranked fifth in the Layer 1 space.
2. Lido DAO (LDO)
Lido DAO (LDO) recently launched its wrapped staked ETH (wstETH) on Mantle Network. The move enables users to bridge their staked ETH into the Mantle Network ecosystem. This is a step towards improving the scalability and efficiency of decentralized finance (DeFi) applications.
Lido's wstETH is now on @0xMantle.
https://t.co/mBB99Ps7Gz
pic.twitter.com/uHil0r2xLw
— Lido (@LidoFinance)
January 22, 2024
The integration of wstETH onto the Ethereum Layer 2 network is expected to provide faster transactions and lower fees for users interacting with the Mantle Network. Furthermore, this has attracted investor interest, as reflected in the current bullish sentiment surrounding the Lido DAO token price prediction. The Fear & Greed Index is at a neutral 54, indicating a balanced market outlook.
Additionally, the LDO token is currently worth $3.15, up 4.48% in a day. Last year, the token’s price rose 39%, outperforming 61% of the top 100 crypto assets. It is important to note that the current annual supply inflation rate of Lido DAO is 184.45%, with 577.25 million LDO tokens created last year.
3. Axelar (AXL)
Axelar and Immutable officially announced their integration, marking a major step forward for Web3 gaming interoperability. The collaboration aims to support game studios by simplifying player onboarding on over 50 blockchains. It also increases liquidity through novel user funding channels.
Axelar Network is now the canonical path for Ethereum on @Immutable, enabling a seamless user experience on 50+ chains.
pic.twitter.com/xZteNZihG2
— Axelar Network (@axelarnetwork)
January 24, 2024
Additionally, players can now seamlessly bridge their assets to Ethereum Layer 1 by using Immutable Passport and Immutable Checkout. This simplifies the deposit and withdrawal process for users.
Axelar is currently attracting the attention of cryptocurrency investors and is listed as the best cryptocurrency to buy now. AXL has risen by 3.93% in a day to $0.9687, with a market capitalization of $5,070,082 million.
Furthermore, Axelar’s growth has been impressive, with its price increasing by 59%, outperforming 64% of the top 100 crypto assets. The token is listed on KuCoin and is actively traded on the market.
4. Meme Kombat (MK)
Meme Kombat integrates various meme coins, allowing players to participate in predictive betting on outcomes. As the altcoin season progresses, the $MK token is preparing to enter the next phase. The token is currently priced at $0.279 during the presale phase and is expected to see further growth before its official launch on Uniswap.
When your altcoins are doing terrible, but Bitcoin is up 0.004%:
pic.twitter.com/d05TjKmHHs
— Meme Kombat (@Meme_Kombat)
January 27, 2024
Additionally, MK has generated a total of $7,596,818.50 to date. The live betting system introduced by Meme Kombat enables stakers to place bets and earn an annual percentage yield (APY). This innovative and dynamic staking mechanism utilizes both on-chain and off-chain transactions to reduce user fees.
MK has raised over $5 million in its Initial Coin Offering (ICO), reaching the 50% milestone. Meme Kombat differentiates itself from other projects by offering a staking APY on pre-sale purchases, with the current APY reaching an attractive 156%. In addition, 80% of the total token supply has already been sold and staked.
The token supply is capped at 120 million, with 50% allocated to the ICO. The rest is used for betting, battle rewards, community incentives, and decentralized trading liquidity. This strategic configuration is designed to foster a sustainable ecosystem for Meme Kombat. With the official launch of Meme Kombat, the project is positioned to carve out a unique space in the cryptocurrency community.
5. Akash Network (AKT)
Artificial intelligence tokens are gaining traction among investors, with a particular focus on Akash Network. AKT is up 12.5% in early trading, making it the best cryptocurrency to buy right now. AKT has shown a strong recovery trend since mid-October 2023, starting from a low of $0.74.
In the past three months, the coin has gained nearly 178.82%. Akash Network is currently priced at $2.98 with a daily trading volume of $3 million. The coin has a market capitalization of $675 million and a market share of 0.04%.
Moreover, AKT has seen a 0.50% price increase in the 24-hour period. Technical analysis shows that AKT is trading above the 200-day simple moving average, which is a positive sign for investors. Moreover, the coin is performing favorably compared to its initial token sale price.
Furthermore, the overall sentiment of AKT’s price prediction is bullish, in line with the Fear & Greed Index’s score of 54, which indicates a neutral sentiment. Overall, the current sentiment of the market shows optimism, although investors must conduct thorough research before making financial decisions.
Looking back at the cryptocurrency market, FTX is a cryptocurrency trading platform that is facing collapse in 2022 and is currently liquidating its crypto assets. The platform is currently under the guidance of a bankruptcy advisor and aims to accumulate sufficient cash reserves to resolve the frozen account problems of its customers.
Read more
Best Cryptocurrencies to Buy Now
New Cryptocurrency Mining Platform – Bitcoin Minetrix
Rating
Audited by Coinsult
Decentralized and secure cloud mining
Earn free Bitcoin every day
Native Token in Presale – BTCMTX
Staking Rewards – Over 100% APY
learn more
Join our Telegram channel for the latest breaking news coverage
English 
Chinese (China) 
Chinese (Hong Kong) 